Day: November 21, 2019
TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV : FCD.UN) is pleased to announce that it is has closed the final tranche of its previously announced Non-Brokered Private Placement (the “Private Placement”). On September 25, 2019, the Trust announced that it was proceeding with a Private Placement in which it would raise up to $5 million and issue approximately 781,250 units of the Trust (“Trust Units“) at a price of $6.40 per Trust Unit. On November 8, 2019, the Trust announced that it would be increasing the maximum size of the Private Placement to up to $6 million or representing a total of up to 937,500 Trust Units at a price of $6.40 per Trust Unit.The Trust raised in this final tranche $4.7 million and issued 734,374 Trust Units at a price of $6.40 per Trust Unit....
Parkland announces acquisition of the assets of Mort Distributing, Inc.
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CALGARY, Alberta, Nov. 21, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI) announced today that through its wholly owned U.S. subsidiaries (collectively, “Parkland USA”), it has entered into an agreement to acquire the assets of Montana-based Mort Distributing, Inc. and its affiliates (collectively, “Mort”).Founded in 1958, Mort is a family-owned marketer and distributor of fuels and lubricants serving retail, commercial and wholesale customers. Mort’s operations are focused in Montana which will enable Parkland to further capture distribution efficiencies and enhance customer service across its Northern Tier Regional Operating Center (“ROC”).“This acquisition is consistent with our U.S. growth strategy and will complement and strengthen our existing Northern Tier ROC,” said Doug Haugh, President...
Purpose Investments Inc. Announces Correction to Record Date for PSU.U
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TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Purpose Investments Inc. announces a correction to the November 2019 record date for Purpose US Cash ETF (TSX: PSU.U; “the ETF”). The press release on November 18, 2019 reported an incorrect record date for the ETF of November 28, 2019. The correct record date for the ETF will be November 27, 2019.About Purpose Investments Inc.Purpose Investments is an asset management company with more than $8 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.For further information please contact:Matt PadanyiPurpose...
Post Holdings Reports Results for the Fourth Quarter and Fiscal Year 2019
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ST. LOUIS, Nov. 21, 2019 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the fourth quarter and fiscal year ended September 30, 2019.Highlights:Fourth quarter net sales of $1.4 billion; operating profit of $102.6 million; net loss of $61.1 million and Adjusted EBITDA of $303.6 millionFiscal year net sales of $5.7 billion; operating profit of $781.0 million; net earnings of $124.7 million and Adjusted EBITDA of $1,210.4 millionCompleted the initial public offering of a minority interest in BellRing Brands (Post’s historical Active Nutrition business) on October 21, 2019Fiscal year 2020 Adjusted EBITDA (non-GAAP) expected to range between $1.22-$1.27 billion including the results of BellRing BrandsBasis of PresentationFinancial results reflect the separate capitalization...
GUD Medison Resolved
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MONTREAL and PETACH TIKVA, Israel, Nov. 21, 2019 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight“) and Medison Biotech (1995) Ltd. (“Medison”) announced today that they have agreed to separate their businesses and allow each of the companies to focus on growing their respective businesses independently.Knight and Medison have entered into a definitive agreement pursuant to which Knight will sell to the Medison group all of Knight’s shares in Medison, reflecting approximately 28.3% of the share capital of Medison, in consideration for CA$77,000,000 payable in cash. In addition, the parties agreed to release each other from all claims and withdraw all legal proceedings initiated by both parties. Finally, Medison, which together with its affiliates own approximately 10,400,000 shares or 7.5% of Knight,...
Entente de résolution entre Knight et Medison
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MONTRÉAL et PETACH TIKVA, Israël, 21 nov. 2019 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) (« Knight ») et Medison Biotech (1995) Ltd. (« Medison ») ont annoncé aujourd’hui qu’ils ont convenu de séparer leurs activités et de permettre à chacune des sociétés de focaliser sur la croissance de leurs activités respectives indépendamment.Knight et Medison ont conclu une entente définitive aux termes de laquelle Knight vendra au groupe Medison la totalité des actions de Knight dans Medison, soit environ 28,3 % du capital social de Medison, en contrepartie de 77 000 000 $ CA payables en liquidités. De plus, les parties ont convenu de se libérer mutuellement de toute réclamation et de retirer toutes les procédures judiciaires engagées par les deux parties. Enfin, Medison, qui, avec ses filiales, détient environ 10 400 000 actions...
RGC Resources, Inc. Schedules Fourth Quarter 2019 Earnings Call
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ROANOKE, Va., Nov. 21, 2019 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal fourth quarter and 2019 fiscal year on Friday, December 6, 2019 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/.Interested parties may access the conference call by dialing toll-free 1-800-261-3225 and entering conference identification number 7773810. An archive of the webcast will be available for one year on the website at https://www.rgcresources.com/investor-financial-information/. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through...
African Gold Group Announces a $5 Million Private Placement
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce a non-brokered private placement financing of up to 14,285,714 units (a “Unit”) at a price of $0.35 per Unit for gross proceeds of up to $5,000,000.00 (the “Offering”). Each Unit will consist of one common share of the Company and one half of one common share purchase warrant (each whole warrant a “Warrant”), with each Warrant entitling the holder to acquire one additional common share of the Company at an exercise price of $0.50 for a period of 24 months from issuance.Closing of the Offering is expected to occur on or about December 13, 2019. In connection with the Offering, a finder’s fee may be payable in...
Zumiez Inc. to Broadcast Review of Third Quarter Fiscal 2019 Financial Results Over the Internet
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LYNNWOOD, Wash., Nov. 21, 2019 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) today announced that the Company’s conference call to discuss third quarter fiscal 2019 financial results will be broadcast live over the Internet on Thursday, December 5, 2019 at 5:00 p.m. Eastern Time and may be accessed at http://ir.zumiez.com. To listen to the webcast, please go to the website at least 15 minutes prior to the start time to register and download any necessary software.About Zumiez Inc.Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles. As of November 2, 2019, we operated 718 stores, including 608 in the United States, 52 in Canada, 47 in...
BellRing Brands Reports Results for the Fourth Quarter and Fiscal Year 2019
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ST. LOUIS, Nov. 21, 2019 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the fourth quarter and fiscal year ended September 30, 2019.Highlights:Fourth quarter net sales of $214.5 million; operating profit of $36.0 million; net earnings of $26.7 million and Adjusted EBITDA of $46.3 millionFiscal year net sales of $854.4 million; operating profit of $162.5 million; net earnings of $123.1 million and Adjusted EBITDA of $198.1 millionCompleted the initial public offering of BellRing Class A common stock on October 21, 2019Fiscal year 2020 net sales expected to range between $1.0-$1.05 billion; Adjusted EBITDA (non-GAAP) expected to range between $192-$202 millionFourth Quarter Operating ResultsNet sales were $214.5...